This paper looks at the phenomenon of long-range dependence. It shows that certain long-range dependent models give answers which contain infinities and also that this behaviour will not be detected by a naive modelling approach. The work is an extension of an earlier published PMECT paper.

This paper looks at the phenomenon of long-range dependence. It shows that certain long-range dependent models give answers which contain infinities and also that this behaviour will not be detected by a naive modelling approach. The work is extended in the JCCS paper